WASHINGTON, D.C. – The U.S. House of Representatives has passed the controversial Cyber Intelligence Sharing and Protect Act (CISPA).

Lawmakers in the House voted 288-to-127 Thursday afternoon to accept the bill. Next it will move to the Senate and could then end up on the desk of U.S. President Barack Obama for him to potentially sign the bill into law. Earlier this week, though, senior White House advisers said they would recommend the president veto the bill.

Should CISPA earn the president’s autograph, private businesses will be encouraged to voluntarily share cyberthreat information with the U.S. government. The authors of the bill say this is an effort to better combat the reportedly increasing attempts to harm America’s critical computer networks and pilfer the systems of private companies for intellectual property and other sensitive trade secrets.

One of the bill’s creators, Rep. Dutch Ruppersberger (D-Maryland), said during a round of debate on Wednesday that $400 billion worth of American trade secrets are being stolen by U.S. companies every year. Passing CISPA, he said, would be a common sense solution to a threat that’s growing at an alarming rate.

Web browser makers Mozilla oppose the bill, as does the Electronic Frontier Foundation (EFF) and the American Civil Liberties Union, and last year’s attempt to pass CISPA after it was unveiled for a first time prompted the White House to issue a veto warning then. In the months since the bill stalled in the Senate, though, the president has on his own part urged Congress to adopt a new cybersecurity bill.

-RT